Yes Bank's tussle with RBI over extension of CEO Rana Kapoor's tenure: A timeline of events
Updated : November 21, 2018 11:41 AM IST
The move by the Reserve Bank of India (RBI), which has already clamped down on the financial sector due to rising levels of bad loans, has hit Yes Bank's share price hard and also spurred several departures in the company's top brass.
Rating firm CARE Ratings places Yes Bank's debt instruments under 'credit watch with developing implications', citing RBI's move to restrict Kapoor's term.
Efforts are underway for mutual resolution between Rana Kapoor and Madhu Kapur and her family, the co-promoter.
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